Treasury rates head higher amid COVID vaccine, treatment updates
November 23, 2020 at 08:57 AM EST
U.S. government bonds see rates climb to start a holiday-shortened week, after the sharpest weekly yield drop for long-dated debt in months. Debt investors have been weighing the balance of risks of rising cases of COVID-19 cases and new social-distancing restrictions, against positive updates effective experimental cures and therapies for the deadly infection.